Common use of Restrictions on Underwritten Offerings Clause in Contracts

Restrictions on Underwritten Offerings. The Company will not be obligated to effect more than one Underwritten Offering for Holders of Registrable Securities within any twelve (12) month period, except as provided in the following sentence, and will not be obligated to effect an Underwritten Offering for Holders of Registrable Securities at any time before ninety (90) days after the earlier of (i) the date the previous registration statement prepared in connection with an Underwritten Offering for Holders of Registrable Securities ceases to be effective or (ii) the date that all shares registered thereunder have been sold. The foregoing limitation on Underwritten Offerings within any twelve (12) month period shall not apply to a single Underwritten Offering with respect to Registrable Securities of any Holder (other than Matra) if the Company effected an Underwritten Offering made at Matra's request within the preceding twelve (12) months or to a single Underwritten Offering requested by Matra if the Company effected an Underwritten Offering with respect to Registrable Securities of any other Holder within the preceding twelve (12) months.

Restrictions on Underwritten Offerings. The Company will not be obligated to effect more than one Underwritten Offering for Holders of Registrable Securities within any twelve (12) month period, except as provided in the following sentence, and will not be obligated to effect an Underwritten Offering for Holders of Registrable Securities at any time before ninety (90) days after the earlier of (i) the date the previous registration statement prepared in connection with an Underwritten Offering for Holders holders of Registrable Securities ceases to be effective or (ii) the date that all shares registered thereunder have been sold. The foregoing limitation on Underwritten Offerings within any twelve (12) month period shall not apply to a single Underwritten Offering with respect to Registrable Securities of any Holder (other than Matra) if the Company effected an Underwritten Offering made at Matra's request within the preceding twelve (12) months or to a single Underwritten Offering requested by Matra if the Company effected an Underwritten Offering with respect to Registrable Securities of any other Holder within the preceding twelve (12) months.